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\begin{tabular}{lcccc} \hline
 & (1) & (2) & (3) & (4) \\
VARIABLES & Public sector corruption index & Political corruption index & Executive corruption index & Rigorous and impartial public administration \\ \hline
 &  &  &  &  \\
Panel\_B &  &  &  &  \\
 &  &  &  &  \\
Arms technology lag = L, & -0.52* & -0.55** & -0.72** & 2.37** \\
 & (0.28) & (0.26) & (0.28) & (1.01) \\
 &  &  &  &  \\
Observations & 1,875 & 1,873 & 1,884 & 1,877 \\
Kleibergen-Paap F-statistic & 38.66 & 38.70 & 38.53 & 38.53 \\
 Countries & 127 & 127 & 127 & 127 \\ \hline
\multicolumn{5}{c}{ Robust standard errors in parentheses} \\
\multicolumn{5}{c}{ *** p$<$0.01, ** p$<$0.05, * p$<$0.1} \\
\end{tabular}
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